278.2 201 Prohibition against subsidy of nonregulated activity -- Separate accounting. A utility shall not subsidize a nonregulated activity provided by an affiliate or by the utility itself. The commission shall require all utilities providing nonregulated ac tivities, either directly or through an affiliate, to keep separate accounts and allocate costs in accordance with procedures established by the commission. The commission may promulgate administrative regulations that will assist the commission in enforci ng this section. Effective: July 14, 2000 History: Created 2000 Ky. Acts ch. 511, sec. 2, effective July 14, 2000.
Kentucky Legal Code